Why Germans Don’t Buy Houses | Feli from Germany

Last year, I bought a house in the US which is something that I definitely wouldn't have done (yet) if I had stayed in Germany. Because what many people don't know: Germany is a nation of renters! We have one of the lowest homeownership rates in the developed world! But isn't Germany the biggest economy in Europe? So how come Germans don't buy houses? 🤔 Let's find out!

Podcast Episode: 100k Dollars Debt After College?! Money & Finances in Germany vs. USA ▸ • EP45: 100k Dollars Debt After College...
Inside the Home: Germany vs. USA ▸ • Inside the Home: Germany vs. USA | Fe...
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0:00 Intro
0:27 Germany - nation of renters
1:58 Homeownership in numbers
4:58 Reasons for low German homeownership
13:21 Personal Experiences
15:33 Summary
16:02 Your input!
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Links/sources:
- qz.com/167887/germany-has-one-of-the-worlds-lowest…
- www.focus.de/immobilien/fast-die-haelfte-wohnt-zur…
- www.sueddeutsche.de/geld/immobilien-warum-die-deut…
- russianvagabond.com/how-much-is-rent-in-germany-av….
- www.bundesbank.de/resource/blob/796280/5eaebf3d73e…
- read.oecd-ilibrary.org/economics/how-s-life/housin…
- www.bundesbank.de/en/publications/research/researc…
- www.brookings.edu/essay/germany-rental-housing-mar…
- www.theguardian.com/money/2011/mar/19/brits-buy-ge…
- www.iamexpat.de/housing/real-estate-news/most-goog…
- de.statista.com/statistik/daten/studie/171236/umfr….
- www.faz.net/aktuell/finanzen/meine-finanzen/sparen…
- www.statista.com/statistics/1063502/average-monthl…

Picture credits:
Plattenbau: Gunnar Klack (CC BY-SA 4.0) en.wikipedia.org/wiki/Plattenbau#/media/File:Wohns…
Plattenbau 1987: Bundesarchiv, Bild 183-1987-0128-310 / CC-BY-SA 3.0
Altbau Mietshaus: Jörg Zägel (CC BY-SA 3.0) commons.wikimedia.org/wiki/File:Berlin,_Mitte,_Feh…
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ABOUT ME: Hallo, Servus, and welcome to my channel! My name is Felicia (Feli), I'm 28, and I'm a German living in the USA! I was born and raised in Munich, Germany but have been living in Cincinnati, Ohio off and on since 2016. I first came here for an exchange semester during my undergrad at LMU Munich, then I returned for an internship, and then I got my master's degree in Cincinnati. I was lucky enough to win the Green Card lottery and have been a permanent resident since 2019! In my videos, I talk about cultural differences between America and Germany, things I like and dislike about living here, and other topics I come across in my everyday life in the States. Let me know what YOU would like to hear about in the comments below. DANKE :)
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